1231 NE 23rd Ave Pompano Beach, FL 33062
Avalon Harbor NeighborhoodEstimated payment $7,532/month
Highlights
- No HOA
- Tile Flooring
- 1-Story Property
- Cooling Available
- Heating Available
About This Home
PRIME INVESTMENT ALERT: Outstanding opportunity to acquire a cash-flowing fourplex in red-hot Pompano Beach! This strategically located multi-family property at 1231 NE 23rd Ave delivers immediate returns with three stable tenants already in place, plus one vacant unit ready for value-add potential. Position yourself in one of South Florida's strongest rental markets, just minutes from pristine beaches, thriving retail, and major employment centers. Whether you're growing your portfolio or making your first multi-family investment, this turnkey fourplex offers the ideal blend of stable income and upside potential. Don't miss this rare chance to own a performing asset in one of Florida's most dynamic rental markets - call now before this opportunity disappears!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,864
Year Built
- Built in 1966
Parking
- 4 Parking Spaces
Home Design
- Quadruplex
- Metal Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,887 Sq Ft Home
- 1-Story Property
- Tile Flooring
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
- 4 Units
- Florence Villas Condos
- Florence Villas Subdivision
Listing and Financial Details
- Assessor Parcel Number 484330200170
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,865 | $691,130 | -- | -- |
| 2024 | $13,224 | $691,130 | $70,790 | $500,400 |
| 2023 | $13,224 | $571,190 | $70,790 | $500,400 |
| 2022 | $11,940 | $531,410 | $70,790 | $460,620 |
| 2021 | $11,609 | $519,350 | $70,790 | $448,560 |
| 2020 | $11,430 | $519,350 | $70,790 | $448,560 |
| 2019 | $9,410 | $431,340 | $70,790 | $360,550 |
| 2018 | $8,345 | $372,260 | $70,790 | $301,470 |
| 2017 | $6,420 | $272,750 | $0 | $0 |
| 2016 | $5,792 | $247,960 | $0 | $0 |
| 2015 | $5,351 | $225,420 | $0 | $0 |
| 2014 | $4,923 | $204,930 | $0 | $0 |
| 2013 | -- | $202,310 | $70,790 | $131,520 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/07/2025 10/07/25 | Price Changed | $1,200,000 | +4.3% | $416 / Sq Ft | |
| 03/10/2025 03/10/25 | Price Changed | $1,150,000 | -4.2% | $398 / Sq Ft | |
| 01/13/2025 01/13/25 | For Sale | $1,200,000 | 0.0% | $416 / Sq Ft | |
| 01/29/2018 01/29/18 | Rented | $1,050 | -4.1% | -- | |
| 01/26/2018 01/26/18 | Under Contract | -- | -- | -- | |
| 01/12/2018 01/12/18 | For Rent | $1,095 | 0.0% | -- | |
| 12/28/2017 12/28/17 | Off Market | $1,095 | -- | -- | |
| 12/15/2017 12/15/17 | For Rent | $1,095 | 0.0% | -- | |
| 06/29/2017 06/29/17 | Sold | $485,000 | -10.2% | $176 / Sq Ft | View Prior Sale |
| 05/30/2017 05/30/17 | Pending | -- | -- | -- | |
| 11/21/2016 11/21/16 | For Sale | $539,900 | -- | $196 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $950,000 | None Listed On Document | |
| Warranty Deed | $580,000 | Attorney | |
| Warranty Deed | $485,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $400,000 | Cooperative Title & Escrow I |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $280,000 | Commercial |
Source: MIAMI REALTORS® MLS
MLS Number: A11723353
APN: 48-43-30-20-0170
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